116 S 7th Street

Santa Paula, CA 93060

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 15681
    Sqft(Lot)
$1,850,000

Description

Excellent opportunity to purchase a nine (9) unit investment property with a significant upside in rental income. 116 s 7th st is a unique mix of 9 units consisting of 5 units in one building, three units as a triplex, and one single family unit. this property is located in the desirable downtown santa paula area across the street from the historic theatre. it provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has upside potential in increasing rents with the potential of adding adus to the property. a great opportunity to boost future rental revenue and income stream, raising the overall value of the investment. buyer to verify with the city for associated adu conversion requirements. the property consists of one studio, seven (7) 1 bed/1 bath, and one (1) 3 bath/1 bath. most tenants are on a month-to-month basis, and units are separately metered for gas and electricity. the property is within a short distance to public transportation, in addition to nearby retail shops and businesses.

  • Property Type

    Residential Income

  • County

    Ventura

  • Style

    Residential Income

  • AD ID

    48450988

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Has Heating

    Fireplace

    • Has Fireplace: 1

  • Building Information

    • Year Built: 1910
    • Building Area Total: 5,295

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.36
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 15681

  • Listing Price Information

    • Original List Price: 1,850,000
    • Listing Contract Date: 2024-10-18

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 1030093085

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SPL - Santa Paula
    • Postal Code Plus 4: 2702
    • Directions: Santa Paula Fwy 126 to Harvard BLVD to S 7th St
    • Source Property Type: Residential Income
    • Area: SPL - Santa Paula
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 115
    • Common Walls: 2+ Common Walls,1 Common Wall,End Unit,No One Above,No One Below
    • Structure Type: Apartment
    • Year Built Source: Estimated
    • Property Attached: Yes
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BuyOwner last updated this listing 02/02/2025 @ 02:03

  • MLS: P1-20630
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 15,681 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Paula , in zip code 93060, this Ventura County Home are nearby neighborhoods.